[lbo-talk] India: 7.4% growth

Doug Henwood dhenwood at panix.com
Thu Sep 30 06:25:09 PDT 2004


[comment from anyone who knows India on what this means?]

At 3:53 AM -0400 9/30/04, The Dismal Scientist wrote:


>GDP for India: 7.4%
>
>India's massive economy expanded 7.4% during the second quarter,
>surprising on the upside as strong manufacturing and service sector
>growth offset a poorer performance in the rural sector. While this
>Q2 growth was a retreat from the first quarter's 8.2% pace, the
>underlying trend is solid, highlighting the diversity and evolving
>strength of India's important rural, manufacturing and services
>sectors.



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